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Affordable
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These days, finding an affordable place to live in the 08034 area can be challenging. Home prices in 08034 are now at a median cost of $374,819, lower than the New Jersey average of $496,577.
The average cost of rent is $1,985/mo in 08034, primarily driven by the current value of real estate in the 08034 area. In 08034, 24.76% of households rent, and 38.07% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 08034 is $10,460 per month. Households that rent pay about 18.98% of their income on rent here. 08034’s most expensive areas are in the southeastern regions, while the cheapest areas are in the western parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 08002, NJ: less expensive homes
- 08033, NJ: higher priced homes
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- 08045, NJ: less expensive homes
- 08108, NJ: equally priced homes
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- 08106, NJ: less expensive homes
- 08035, NJ: higher priced homes
- 08049, NJ: less expensive homes
Zip Codes with Similar Populations
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- 36203, AL: less expensive homes
- 36507, AL: less expensive homes
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